OREANDA-NEWS. National Rating Agency has affirmed its 'AAA' reliability rating on REGION Development LLC (OOO 'REGION Development'). The rating was originally assigned on September 2, 2014.

The rating is underpinned by belonging of the company to REGION Group, which keeps a leading market position, as well as an increase in the amount of equity and stable profitable activities. Among other positive factors supporting the current rating, the Agency highlights stable management team, high business reputation, broad and successful experience in the Russian stock market.

REGION Group was founded in 2002. It consists of four asset management companies: REGION AM CJSC, which is mainly providing management services for non-state pension funds; REGION Portfolio investments LLC and REGION Trust LLC, which specialize in asset management on the securities market; and REGION Development LLC, which manages assets on the real estate market. In addition to asset management companies, the REGION Group also includes REGION Investment Company CJSC, REGION Brokerage Company LLC, REGION Depository Company CJSC, REGION Leasing CJSC, RE-CON CJSC, and REGION Infrastructure LLC.